Former S&P President Leads Seed Round for ICO Compliance Startup
Regtech and compliance startup iComply has just completed a seed funding round led by former Standard and Poor’s chief Deven Sharma.
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Kraken Exchange Pledges India Expansion as Nation Reopens for Crypto Business
Mar 10, 2020 at 10:00 UTCUpdated Mar 10, 2020 at 10:07 UTCGateway of India, Mumbai, Credit: Shutterstock/Saiko3pDigital assets spot and derivatives exchange Kraken has made a pledge to rebuild services in India, after the country's supreme court overturned a two-year banking ban for cryptocurrency firms a week ago.In a somewhat vague blog post Monday, the…

Crypto Ponzi Schemes Cost Victims $7.8B in 2022: TRM Labs
Crypto criminals have moved on from bitcoin to other cryptocurrencies, was the main takeaway from a report released Wednesday by blockchain analytics company TRM Labs.While crypto prices have been depressed over the past couple of years, the earnings of scammers and hackers have not, the Elicit Crypto Ecosystem Report showed. Crypto Ponzi schemes extracted at…

The World Bank Is About to Settle a Blockchain Bond Worth $73 Million
The World Bank is expected to settle its first blockchain-based bond worth $73 Million at the end of this month.

Bitcoin Volatility Hits Longs and Shorts as $175M Liquidated, $1B in Open Interest Wiped
Bitcoin climbed to over $30,000 during the Asian evening hours on Wednesday on hopes of favorable monetary policies in the U.S, some market analysts opined. That move didn’t last long, however, as sudden sales drove prices to the $27,700 level following the U.S. market open.

PayPal’s Stablecoin Part of Third Largest Liquidity Pool on Curve
Payments services provider PayPal's dollar-backed stablecoin PYUSD's use in decentralized finance (DeFi) seems to be gathering traction.A recently launched liquidity pool comprising PYUSD on the automated market maker (AMM) platform, Curve, boasts $135 million in total value locked (TVL), the third largest behind the popular 3pool.In addition to PYUSD, issued by regulated company Paxos, the

Bitwise Liquidates XRP Position in Crypto Index Fund Following SEC Suit Against Ripple
Dec 23, 2020 at 3:45 p.m. UTCUpdated Dec 23, 2020 at 4:41 p.m. UTCBitwise Chief Investment Officer Matt Hougan(CoinDesk archives, modified by CoinDesk)Bitwise Liquidates XRP Position in Crypto Index Fund Following SEC Suit Against RippleCrypto money manager Bitwise has liquidated $9.3 million worth of XRP in its crypto index fund.The firm acted shortly after the…

Bitcoin Price Defends Key Support Despite ETF Rejection
Bitcoin's defense of the key support at $6,230 despite bad news has left the doors open for a rally to recent highs above $6,800.

DeFi Hype Has Sent Ethereum Fees Soaring to 2-Year High: Coin Metrics
Jul 22, 2020 at 08:40 UTCEthereum founder Vitalik Buterin (CoinDesk archives)Ethereum fees are at a two-year high as the hype around decentralized finance (DeFi) leads to a surge in network activity, according to Coin Metrics. Coin Metrics' data shows median transaction fees were just under $0.50 at press time – the highest since early August…